Bitcoin dives below $33K to fill futures gap amid record BTC ‘hodling’

Bitcoin (BTC) set new multi-month lows on Jan. 24 as the new week began with some classic price behavior.

BTC/USD 1-minute candle chart (Binance). Source: TradingView

“Rangeplay” for BTC after CME gap fill

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $32,967 on Bitstamp prior to the Wall Street open Monday.

That level represented the start of a CME futures gap left over from July 2021, Bitcoin “filling” it almost to the dollar before reversing upwards to…

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